Wednesday, March 17, 2010

Remember When I Said...

Regulation D offerings were on my Do Not Buy List? Apparently, the regulators agree with me. At the bottom of this article, you will find a couple of instances where firms were touting Regulation D offerings to investors. Low and behold, they turned out to be Ponzi schemes.

Here is the article:
http://www.investmentnews.com/article/20100316/FREE/100319883/-1/INDaily01

I'm telling you. You do not want to invest in anything on my Do Not Buy List. Unless of course, you want to lose all your money.

Here is the link to the Do Not Buy List in case you missed it.

http://keepyourassetstakemyadvice.blogspot.com/2009/12/do-not-buy-list-when-are-you-going-to.html

Stay smart out there.